Colleges
Colleges
IIM Indore has successfully completed 100% Final Placement 2024 for its largest outgoing batch of 594 students PGP and IPM students. However, Placement 2024 show a dip in salary figures. About 50% of total placements were jointly from Consulting sector and Management & HR function.
Indian Institute of Management (IIM), Indore has successfully completed 100% Final Placement 2024 for its largest outgoing batch in the institute's 27 years history with 594 students from the two-year Post Graduate Programme (PGP) and five-year Integrated Programme in Management (IPM) received offers from 150+ recruiters. In line with the challenges posed due to unfavourable macroeconomic conditions, IIM Indore Placement 2024 show a dip in salary figures. About 50% of total placements were from Consulting sector (25%), and Management & HR function (25%).
IIM Indore Placements 2024 see Average Salary Drop
In line with the macro slowdown, IIM Indore Placement 2024 show a significant dip in salary figures. While the Average Salary 2023 was Rs 30.21 LPA, the Average Salary 2024 dipped to Rs 25.68 LPA. The highest salary offered during the placements 2024 was Rs 1 crore per annum.
IIM Indore Placements 2024: 25% Offers in Consulting
At IIM Indore Placements 2024, Consulting sector made 25% of the total offers, highlighting premier recruiters including A.T. Kearney, Accenture Strategy, Accenture Tech Consulting, Acuvon Consulting, KPMG, McKinsey & Company, Boston Consulting Group, Deloitte India, Deloitte USI, Droege Group, Everest Group, Eversana, EY, EY Parthenon, GEP Worldwide, Indus Insights, Infosys Consulting, PwC India, PwC US Advisory, Redseer Strategy Consultants, Samagra, Searce Inc, Sutra Management Consulting, Vector Consulting Group and Zinnov.
IIM Indore Placements 2024: 19% Placement in Sales & Marketing
Recruitments in the Sales & Marketing function shaped 19% of the overall offers, witnessing participation from prominent recruiters like Lodha, Mondelez International, PepsiCo, Procter & Gamble, Reckitt, Samsung, Suta, TATA Consumer Products, TATA Steel, Birla Fashion and Retail Ltd, Asian Paints, AstraZeneca, Bajaj Auto, Bajaj Consumer Care, Unilever Limited, InfoEdge, and ITC Limited.
IIM Indore placements 2024: 25% in Management & HR
25% batch were expanded offers to roles in General Management, HR & Operations by a diverse mix of companies including Aarti Industries, Airtel, AMWAY, Nuvoco Vistas, Okaya Group, OLA Electric, PhonePe, Reliance Industries Limited, Renew Power, Salesforce, Schneider Electric, Sobha Realty, Suzlon Group, Biocon, BLS International Services, Capgemini E.L.I.T.E., Century Real Estate Holdings, Cipla, Everest Industries, DCM Shriram, Delhivery, General Mills, Godrej Properties Limited, Hero MotoCorp, Hero Future Energies, Indegene, Jio Financial Services, Jubilant Motorworks, Larsen & Toubro, Luminous Power Technologies, TATA Administrative Services, TATA Communications, Tech Mahindra, ThoughtFocus, Unacademy, Volvo Eicher and Wakefit.
IIM Indore Placements 2024: 12% Placement in IT/ Analytics roles
IIM Indore Placements 2024 saw 12% batch picked for IT/ Analytics roles, being recruited by firms like Accenture Operations, Amazon, American Express, Axtria, Capgemini Chrysalis, Incture, Magicbricks, MAQ Software, Merilytics, Mindsprint, Navi, Optum, Polestar, CarDekho, Cognizant, DataLink, EXL Analytics, GE Healthcare, Genpact, Hero MotoCorp, HCLSoftware, HCLTech, Hexaware, IDFC First Bank, QualityKiosk Technologies, TA Digital and Wipro.
Continue reading for IIM Indore Placements 2023 highlights.
Indian Institute of Management (IIM), Indore has successfully completed 100% final placement 2023 for its large batch of 568 participating students from the 2 Year flagship Post Graduate Program (PGP) 2021-23 and 5-year Integrated Program in Management (IPM) 2018-23 program. Despite the challenges posed due to unfavourable macroeconomic conditions, IIM Indore placement season 2023 witnessed an overwhelming success, with over 160 recruiters rolling out offers to 568 students from the two-year Post Graduate Programme (PGP) and five year Integrated Programme in Management (IPM).
In a first, IIM Indore student has registered the highest domestic package offered at Rs. 1.14 crores per annum, witnessing an exponential rise of 132.6% from the previous year. The average compensation offered too, this year has registered 20.8% increase and has gone up at Rs.30.21 LPA in placement 2023 from Rs.25.01 LPA last year. The median compensation has also gone up by 12.9% at Rs.27.20 LPA as compared to Rs.24.09 LPA last year.
On successful completion of final placement 2023 with high salary packages and offers from top recruiters as early as in March 2023, Prof. Himanshu Rai, Director, IIM Indore, said ““We at IIM Indore have always been steadfast in strengthening our industry engagement by providing world-class management education and delivering sustainable value to our stakeholders. This is evidenced by the stellar placements secured by our students in the face of challenging times. This unwavering trust demonstrated by our recruiters has bolstered our confidence in our ability to meet the demanding and ever-evolving requirements of the future we are heading towards. We look forward to deepening our industrial relations by creating socially-conscious leaders imbued with the ability to empower and inspire others.”
IIM Indore has been consistently recognized as one of the premier management institutions and is honoured with the Triple Crown accreditation from AMBA, AACSB, and EQUIS, a distinction enjoyed only by three Indian B-schools. Serving as a testimony to the institute’s stature in management and research, IIM Indore has achieved a position in the FT Rankings Top 100 under the Global MBA category.
IIM Indore has been a favourite destination for recruiters and its relentless pursuit of excellence in academic endeavours elicit recruiter interest and enthusiasm. This year too, a diverse blend of firms extended offers across a breadth of domains, such as Consulting, Finance, General Management, HR and Operations, IT, Analytics and Product Management, and Sales & Marketing.
Top Recruiters
With its excellent pool of talent available with high business acumen, IIM Indore has been one of the preferred hiring destinations for top recruiters in the country. More than 160 recruiters with 80 new recruiters participated in the IIM Indore Placements 2023. Some of the top recruiters include Accenture, Acuvon, Aspect Ratio, Avalon, Bain & Company, Boston Consulting Group (BCG), Deloitte, Everest Group, Ernst & Young, GEP, HCL Tech, Infosys Consulting, Kearney, KPMG, McKinsey & Company, MXV Consulting, PwC India, PwC US Advisory, RedSeer Consulting, Samagra, Vector Consulting, Axis Bank, Bank Of America, Barclays, BlackRock, CITI Bank, Credit Suisse, D.E. Shaw, Delhivery, Deutsche Bank, DISYS, Edelweiss, Goldman Sachs, HDFC Bank, Houlihan Lokey, ICICI Securities, ICRA, IDFC First Bank, IIFL Wealth & Asset Management, IndigoEdge, JP Morgan Chase & Co., Lincoln International, Nomura, o3 Capital, Piramal Alternatives, SBI Capital, Stakeboat Capital, Standard Chartered, TVS Capital funds, AB InBev, Asian Paints, Atomberg Technologies, Bajaj Auto, CavinKare, Dr. Reddy's Laboratories, Everest Industries, Haleon, Hero MotoCorp, HUL, IBM, Infosys Ltd, ITC, Johnson & Johnson, L&T Technology Services, Lodha Group, PepsiCo, Reckitt, ReNew Power, Samsung, TAFE, Tolaram, VOIS, Amazon, American Express, Axtria, Capgemini Chrysalis, CarDekho, Carwale, Cognizant, Dolcera, Equitas Small Finance Bank, Exide Industries, EXL Analytics, GE, LatentView Analytics, MakeMyTrip, Media.net, Merilytics, Microsoft, Newzera Tech, Ola, Optum, Publicis Sapient, QBurst, RateGain, Samsung, Societe Generale, TATA Communications, Walmart, Aarti Industries, Adani Group, Aditya Birla Fashion & Retail, African Industries Group, Alkem Laboratories, AM/NS, Biocon, Bira 91, BLS International, Capgemini E.L.I.T.E, Cipla, Country Delight, CRISIL, DCM Shriram, EXL, Flipkart, Genpact, Hexaware, Hitachi Payment Services, HSBC Technology India, ICICI Bank, Indegene, Jindal Steel and Power, Jio Platforms, JSW, Kotak Mahindra Bank Limited, Mahindra & Mahindra, Menon and Menon, Mphasis, Nation with NaMo, OfBusiness, PhonePe, Piramal, Power Finance Corporation, Reliance Industries Limited, Salesforce, Sobha Realty, Syngene International, TATA AIA, TATA Motors, TATA Steel, Tech Mahindra, Trident Group, Turtlemint, Vedanta Limited, Willis Towers Watson, Wipro, WNS, Xanadu Realty Limited among others
